Mixed-Use Commercial
1116 S La Brea Ave, Inglewood, CA 90301
For Sale
$2,500,000
Commercial building with INC3 zoning supporting retail, office, showroom, service, and owner-user applications.
Property Size8,700 SF
Lot Size0.34 Acres
Price / SF$287.36
Days on Market50
Property Features for 1116 S La Brea Ave
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Asking Price
Amenities
Prominent frontage on heavily traveled La Brea Ave
Flexible commercial zoning allowing a broad range of retail, office, showroom, automotive related, and commercial uses (Buyer to Verify)
Excellent owner-user or investment opportunity
Minutes from SoFi Stadium, Intuit Dome, Hollywood Park, The Kia Forum, and YouTube Theater
Convenient access to I-405, I-105, LAX, and major employment centers
Located within one of Southern California's most active redevelopment and investment corridors
Strong long-term appreciation potential driven by continued mixed-use and commercial development throughout Inglewood and the La Brea Ave corridor
Building Details
Building Size
Year Built
Buildings
Listing Agency:
South Bay Office
Listed By:
Michael Padilla · License #License(s): CA: 01993341
(310) 706-4327
Source:
Marcusmillichap
Added: Sep 18
Changed: Oct 26
Last Checked: Nov 6 at 5:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of South Bay Office
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Investment Insights
Based on property information with market context.
This mixed-use commercial property includes an approximately 8,700-square-foot building on a 14,703-square-foot parcel. INC3 zoning supports a range of identified applications, including retail, office, showroom, service commercial, and owner-user use. The configuration provides occupancy flexibility for businesses seeking a commercial building with multiple potential functions.
The property is located along S La Brea Avenue in Inglewood, with proximity to SoFi Stadium, Intuit Dome, Hollywood Park, YouTube Theater, and The Kia Forum. Its position places the asset between Downtown Los Angeles and LAX, within an established commercial corridor undergoing public and private investment.
The property is located along S La Brea Avenue in Inglewood, with proximity to SoFi Stadium, Intuit Dome, Hollywood Park, YouTube Theater, and The Kia Forum. Its position places the asset between Downtown Los Angeles and LAX, within an established commercial corridor undergoing public and private investment.
Key Highlights
- Approximately 8,700‑square‑foot commercial building
- 14,703‑square‑foot parcel
- INC3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$219,909
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,398,180
$4.4M
Cap Rate 7%
$3,141,557
$3.1M
Cap Rate 9%
$2,443,433
$2.4M
Market Conditions
NOI Build-Up for 8,700 SF
Gross rent
$321.6K $36.96/SF
− Vacancy
−$7.4K −$0.85/SF
EGI
$314.2K $36.11/SF
− OpEx
−$94.2K −$10.83/SF
NOI
$219.9K $25.28/SF
Area
Inglewood, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,398,180
Cap Rate 7%
$3,141,557
Cap Rate 9%
$2,443,433
Alternative Uses
Best Use
Retail
$3.14M
$2.75M – $3.67M
NOI $219,909 @ 7.0% cap · market cap 8.80%
Second Best
Office B
$2.66M
$2.33M – $3.11M
NOI $186,354 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$3.55M
$3.11M – $4.14M
NOI $248,472 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,932
Businesses Nearby
Explore this area
Business Placement
Demographics for 90301, CA
36,270
Population
12,884
Households
2.8
Avg Household Size
37
Median Age
20%
College-Educated
73%
High-School Grad
2.5 sq mi
ZIP Area
14,508
Density / Sq Mi
$62,991
Median Household Income
$33,884
Median Earnings
$1,658
Median Rent
$698,300
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA
Properties on Market for Mixed-use properties in Los Angeles County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial building with INC3 zoning supporting retail, office, showroom, service, and owner-user applications.
Where is this mixed-use property located?
The property is located at 1116 S La Brea Ave Inglewood, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Approximately 8,700‑square‑foot commercial building; 14,703‑square‑foot parcel; INC3 zoning
